Global Citizenship: Our Strength Comes From Working Together
Global Sourcing Spotlight: The Importance of Cooperative Partnerships
The Knowledge Base: The Pivotal Role of Solder PasteBenefited from Enhancing Bio-Sensing Technology, the Market in Wearable Device Applications to Reach $422 Million
January 22, 2024 | TrendForceEstimated reading time: 1 minute
In a pivotal ruling, the U.S. Court of Appeals for the Federal Circuit has decided against Apple in its patent dispute with Masimo, mandating a halt in sales of the Series 9 and Ultra 2 in the US due to their blood oxygen features. This decision pushes Apple to potentially remove these features via software updates temporarily. Despite this setback, TrendForce maintains a positive outlook on bio-sensing tech in the wearables market. Substantial growth is predicted, with the market value for bio-sensing in smartwatches and smart bands expected to reach US$422 million by 2028, growing a CAGR of 14.7% from 2023.
Market leaders in wearable devices, such as Apple, Samsung, and Google Fitbit, are actively advancing the bio-sensing sector. TrendForce’s 2024 forecast suggests a focus by Apple and Samsung on improving the precision of bio-sensing features in upcoming smartwatches. They plan to employ photoplethysmograph (PPG) technology for enhanced monitoring of heart rate and blood oxygen levels, furthering capabilities in personal health management.
TrendForce emphasizes two primary strategies among wearable device brands: Expanding bio-sensor features and enhancing their accuracy. This dual approach not only differentiates products but also boosts customer engagement and market growth. Bio-sensing, especially when merged with health management, shows promise for integration into medical, insurance, and automotive systems. As a result, securing comprehensive patents for both the software and hardware aspects of bio-sensing technology has become a critical focus for these companies.
Share on:
Suggested Items
Würth Elektronik at DLD Nature: New Cooperation with the Deep-tech Startup Hula Earth
09/24/2024 | Wurth Elektronik“How can we counteract the decline in biodiversity?” This question was discussed extensively at DLD Nature, which took place from September 12 to 13, 2024 in Munich, Germany.
TSMC Launches 'Eco Plus! - Ecological Harmony Program' to Enhance Green Conservation in Three Key Aspects
05/22/2024 | TSMCAs the challenge of climate change continues to grow, preserving ecosystems and natural environments has become a crucial part of achieving sustainable development.
BLUE Aims to Capture, Convert Ocean Energy with Low Environmental Impact
02/26/2024 | DARPAA new DARPA program is exploring the potential for dissolved organic matter, phytoplankton, zooplankton, and even microplastics to continually refuel, and thus extend the mission life, of ocean-deployed sensors.
Quantum Computer Sources Majority of Components from Japanese Makers
12/20/2023 | ACN NewswireThe newly developed superconducting quantum computer uses a 64 qubit chip provided by RIKEN, which leverages the same design as the chip in RIKEN's first superconducting quantum computer, which was unveiled to users in Japan as a cloud service for non-commercial use on March 27, 2023.
DuPont Collaborates with STMicroelectronics to Develop New Smart Wearable Device Concept for Monitoring Biosignals
11/06/2023 | PRNewswireDuPont announced that DuPont Liveo Healthcare Solutions is collaborating with STMicroelectronics, a global leader in semiconductor technology serving customers across the spectrum of electronics applications, to develop a new smart wearable device concept for remote biosignal-monitoring.